Jill Stein: Instead of Bailing out the Banks, We Can Nationalize the Banks

CAVUTO All right I ░░░░░░░░ t want to waste ░░░░░░░░ time questioning the Hillary ░░░░░░░░ people say a vote ░░░░░░░░ you is wasted and ░░░░░░░░ her a vote and ░░░░░░░░ the White House to ░░░░░░░░ Trump I do want ░░░░░░░░ focus on news today ░░░░░░░░ you don t mind ░░░░░░░░ Stein with rumors that ░░░░░░░░ Bank the big German ░░░░░░░░ concern is in a ░░░░░░░░ of trouble and might ░░░░░░░░ to be bailed out ░░░░░░░░ know it has a ░░░░░░░░ of U S Operations ░░░░░░░░ There is a fear ░░░░░░░░ could be a contagion ░░░░░░░░ our banks could suffer ░░░░░░░░ well and we could ░░░░░░░░ looking at 2008 Would ░░░░░░░░ President Stein refuse to ░░░░░░░░ out an American bank ░░░░░░░░ it was ever on ░░░░░░░░ brink STEIN So let ░░░░░░░░ say if we needed ░░░░░░░░ bail out the banks ░░░░░░░░ would insure that the ░░░░░░░░ people are getting a ░░░░░░░░ on their investment So ░░░░░░░░ bailouts of 2008 were ░░░░░░░░ you know handouts They ░░░░░░░░ you know corporate welfare ░░░░░░░░ steroids to the tune ░░░░░░░░ 16 trillion CAVUTO But ░░░░░░░░ if you didn t ░░░░░░░░ you could get a ░░░░░░░░ on your investment You ░░░░░░░░ knew that a lot ░░░░░░░░ depositors and those who ░░░░░░░░ checking and related accounts ░░░░░░░░ these banks would be ░░░░░░░░ all that money You ░░░░░░░░ t have any guarantees ░░░░░░░░ those that bail them ░░░░░░░░ are going to get ░░░░░░░░ money back You just ░░░░░░░░ that if you don ░░░░░░░░ they re out of ░░░░░░░░ kaput STEIN Right So ░░░░░░░░ me say there are ░░░░░░░░ options than just bailing ░░░░░░░░ the bank The bank ░░░░░░░░ be for example nationalized ░░░░░░░░ turned into a public ░░░░░░░░ or broken up into ░░░░░░░░ banks We need to ░░░░░░░░ the problem and not ░░░░░░░░ go back to the ░░░░░░░░ problem of banks that ░░░░░░░░ too big to fail ░░░░░░░░ that s where we ░░░░░░░░ This failure of Deutsche ░░░░░░░░ has been in the ░░░░░░░░ for a while and ░░░░░░░░ own banks are more ░░░░░░░░ than ever more risky ░░░░░░░░ ever What a President ░░░░░░░░ would do upon taking ░░░░░░░░ is insist that we ░░░░░░░░ what are called minimum ░░░░░░░░ requirements so that the ░░░░░░░░ are not taking really ░░░░░░░░ risks with taxpayer money ░░░░░░░░ if they do fail ░░░░░░░░ need to insure that ░░░░░░░░ interests are insured going ░░░░░░░░ and in the process ░░░░░░░░ that bailout CAVUTO I ░░░░░░░░ for jumping in on ░░░░░░░░ Dr Stein thank you ░░░░░░░░ much Very good having ░░░░░░░░ STEIN Likewise Thank you ░░░░░░░░ much CAVUTO All right ░░░░░░░░ Stein.”